Property Details
About this Property
This charming four-unit apartment property is located in the high demand rental market of Boyle Heights in East Los Angeles. Three of the four units are currently occupied and one of the units (2 bed 1 bath), is currently vacant, creating an excellent opportunity for an owner-occupant or an investor who is looking to lease out the final unit to realize a strong cap rate of 6.7%. The property enjoys a large lot which has allowed the landlord to gain full RTI (Ready to Issue) permit approval for the construction of TWO new ADU units at the rear of the lot. A buyer can pull the permits and immediately begin construction. Although the building was originally built in 1900 the building suffered significant fire damage in October 2022 and it has been completely rebuilt. The first floor was taken down to the studs with all interior components being new construction. The second floor is where the fire originated and the entire second floor was demolished and rebuilt, including brand new frame. Due to the neighborhood’s historic designation, the building had to be rebuilt in the same style that existed prior to the fire. DON’T MISS THIS OPPOTUNITY TO OWN A NEARLY BRAND NEW INVESTMENT PROPERTY WITH STRONG INCOME IN ONE OF LOS ANGELES’ MOST UP AND COMING NEIGBORHOODS!
MLS Listing Information
MLS #
CRDW25192363
MLS Source
California Regional MLS
Days on Site
5
Interior Features
Laundry
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1917 E 2nd St is a Residential Income in Los Angeles, CA 90033. This – square foot property sits on a 6,721 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 2024. This address can also be written as 1917 E 2nd St, Los Angeles, CA 90033.
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This listing information is up-to-date as of August 27, 2025. For the most current information, please contact Christopher Comfort, (424) 293-8085
